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FOR IMMEDIATE RELEASE
LEASING OFF TO A STRONG START AT CULLINAN’S LOFTS@EUCLID
(Peoria, IL, July 14, 2016) – Cullinan Properties has announced that its new loft development in the Central West End, the Lofts@Euclid, is now 50% leased. Renovation of the 150,000 square feet building, located at 625 N. Euclid Avenue, began earlier this year and features 87 loft apartments, a fitness center, indoor parking, a rooftop terrace, and street level retail space with outdoor dining options.
The Lofts@Euclid, formerly known as Euclid Plaza, was built in 1910 as the headquarters building for the Langan & Taylor Company. It is one of the largest commercial buildings remaining in the Central West End Historic District, originally designed by the renowned architectural firm of Widman and Walsh.
“Residents from the St. Louis area and from across the entire United States are attracted to the Lofts@Euclid,” said Chris West, Cullinan Partner and Chief Operating Officer. “The convenient location with close proximity to hospitals, universities and major employers, as well as the luxury feels of the apartments and building amenities, has made it the place to live for young professionals, families and empty-nesters looking to downsize. They love all the area has to offer and the meticulous, upscale renovation we’ve done with the property.”
The Lofts@Euclid building has undergone a complete rehabilitation, including replacement of all systems and transformation of the space into studio, one-bedroom and two-bedroom apartments. The units feature soaring ceiling heights of 12’ or greater, granite countertops, stainless steel appliances, designer bathrooms and floor finishes. Large windows, which have also been newly replaced, offer unobstructed views of the city. A massive outdoor rooftop deck is currently under construction, and will include a wet bar, club lounge, big screen television and sound system, pool table, outdoor fire pit, grilling area, hot tub, sun deck and lounge chairs.
“The pace of leasing we’ve experienced, as well as the positive feedback we’ve received from visitors and prospective tenants indicate that the demand for this type of housing in St. Louis’ Central West End is strong and growing,” said West. “This building is a significant landmark for the Central West End, serving as the north entrance into the neighborhood. Tenants are welcoming the opportunity to be a part of bringing the building back to life.”
Many tenants have already moved into the Lofts@Euclid, with more scheduled to move in by the end of July. Work on the remaining floors continues, and is scheduled to be complete in September.
About the Lofts@Euclid
The Lofts@Euclid is a mixed-use, 150,000 square feet building which includes 87 luxury loft apartments, with retail and office space at street level. Located at the northern entrance to St. Louis’ Central West End neighborhood at the intersection of Euclid and Delmar, the historic building has been completely rehabilitated in 2016 to its former place of prominence. For more information, visit www.loftsateuclid.com.
About Cullinan Properties. Ltd
Cullinan Properties, Ltd., with offices in Chicago, IL, Peoria, IL and St. Louis, MO, is a multi-disciplined real estate firm that develops, manages and owns mixed-use, retail, multi-family, office and medical properties throughout the United States. For additional information on Cullinan Properties, Ltd., visit www.cullinanproperties.com.